Credit Crunch
Henry Paulson proposes sweeping reforms to banking controls
Role range: 2001-2009
Follow Henry Paulson through 16 dated historical records for United States of America.
A chronological timeline drawn from matching World History Database records.
Henry Paulson proposes sweeping reforms to banking controls
Role range: 2001-2009
Proposes a broad redesign of financial regulation after months of credit-market stress
Role range: 2006-2009
Paulson announces a plan seeking congressional authority to support Fannie Mae and Freddie Mac through expanded Treasury lending and potential equity purchases.
Role range: 2007-2009 – 2006-2009
Treasury establishes financial-support agreements for Fannie Mae and Freddie Mac.
Role range: 2006-2009
Paulson announces that Fannie Mae and Freddie Mac are being placed into federal conservatorship with Treasury support to stabilize mortgage finance.
Role range: 2007-2009 – 2006-2009
Announces Treasury support for the housing finance agencies after the conservatorship decision
Role range: 2006-2009
Lehman Brothers files for bankruptcy after Treasury and Federal Reserve efforts fail to produce a private-sector rescue over the preceding weekend.
Role range: 2007-2009 – 2006-2009
Treasury announces a temporary guarantee programme for eligible money-market mutual funds.
Role range: 2006-2009
Paulson proposes a broad federal program to purchase troubled financial assets as officials confront a rapidly spreading systemic banking crisis.
Role range: 2007-2009 – 2006-2009
Proposes a large rescue plan to stabilize banks and purchase troubled financial assets
Role range: 2006-2009
Washington Mutual fails and its banking operations are sold to JPMorgan Chase, marking the largest bank failure in United States history at the time.
Role range: 2007-2009 – 2006-2009
Paulson uses TARP authority to purchase preferred shares in major financial institutions.
Role range: 2006-2009
Paulson announces the Capital Purchase Program, committing Treasury funds to purchase preferred shares in major banks and strengthen their capital positions.
Role range: 2007-2009 – 2006-2009
Treasury and the Federal Reserve restructure AIG's rescue package, reducing the original loan and adding preferred-share support through TARP.
Role range: 2007-2009 – 2006-2009
The Government announces a rescue package for Citigroup combining capital support and protection against losses on a large pool of troubled assets.
Role range: 2007-2009 – 2006-2009
Announces emergency loans for General Motors and Chrysler from financial rescue funds
Role range: 2006-2009
These dates and descriptions come from the historical_events database. Exact duplicate records have been collapsed. Names are grouped by the country, Name 2 and Name 1 fields; records with missing Name 2 cannot be reliably assigned to an individual biography. Check the underlying sources before formal citation.